February Highlights for Luxury Market Report
- The report is a guide to the luxury real estate market in North American. It provides an overall analysis with trends, and showcases comparative data on the top-residential markets throughout Canada and the United States.
- This month’s report showcases the market statistics for North America month over month as well as the 13 month trend.
- It also provides more in-depth statistics about (XXXX – put your city/area report name here)
- In this month’s report we review some forecasted luxury real estate trends for 2021.
- We review what experts are anticipating as being long term trends, the new and the unexpected as well as some differing opinions.
- The trends analyzed range from the work/lifestyle balance, priority changes in lifestyle requirements to home purchases that are bucking expectations.
- We also investigate the external factors that have become an integral part of why there is such as strong buyer demand and whether this is sustainable in 2021.
- Home décor and design trends are reviewed as the events of 2020 have changed the collective view on the necessities required in a home.
- Discover the impacts of working and playing from home, how aesthetics are influenced by virtual meetings and old spaces are being reinvented.
- Just as important is the need to find refuge in the home, no longer a showcase for entertainment but rather furnishings and décor are being integrated to offer a place of welcome and refuge.
- Finally, we touch on how residential developers are pivoting to meet the new demands from their luxury buyers.
- For homeowners looking to sell or buy their luxury home in today’s market they recommend working with a Realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.
It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that it is the time us to switch gears and discover how to leverage these the market effectively to achieve your goals.